Santander UK will collaborate with climate technology company Levidian in a move that aims to expand the financial services provider’s sustainability strategy and advance the reach of Levidian’s decarbonisation technology.
Based in Cambridge, UK, Levidian has developed an innovative rapid decarbonisation device which breaks methane down into its constituent molecules of hydrogen – to be used as a green fuel – and carbon – which is used to create high-quality graphene.
Commonly thought of as a modern ‘wonder material’, graphene has the potential to increase durability of a wide spectrum of materials, strengthen medical applications and aid in the decarbonisation of industry.
By docking with existing infrastructure, LOOP enables operators to remove methane – a pollutant that has 86 times the global warming potential of carbon dioxide (CO2) – without generating excess CO2.
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